North America Tissue Towel Market is forecasted to grow at 2.2% CAGR with factors such as rising health concerns and prevention from cross-contamination in the U.S. is driving the growth of tissue towel market in North America.
Tissue Towel Market has shown an exceptional penetration in countries such as U.S., Canada and Mexico. But, due to the increasing environmental concern across the globe, the tissue towel market has not created any head turning penetration in the developing countries.
According to Data Bridge Market Research the market for U.S. in the North America tissue towel market has the highest share followed by Canada and Mexico. The market leader Georgia-Pacific accounts an estimated market share of approximately 25% to 30% of market share in the North America. The tissue towel sales revenue of Georgia-Pacific has increased at a stagnant rate in 2019 as compared to 2018. The company has planned to expand their business of tissue towel in the other parts of North America region, in order to gain traction of tissue towel consumers. The expansion in the company’s tissue towel will help them to grow their business internationally, thus helping them to meet global demand of tissue towels.
Trends Impacting the Market
Now the question is which other countries Georgia-Pacific, Procter & Gamble and KCWW are targeting? Data Bridge Market Research has forecasted a large growth in U.S. tissue towel market and the market leaders targeting Canada and Mexico to be their next revenue pockets for 2020.
The tissue towel market is becoming more competitive every year with companies like Procter & Gamble and KCWW are the market leaders for tissue towel. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the tissue towel market.
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Irving Consumer Products Limited’s brand Scotties Facial Tissue has introduced a new limited-edition box designs for the second year of its partnership with the New England Patriots, in the year 2019
KP Tissue Inc. and Kruger Products L.P begin construction of its tissue plant in Sherbrooke, Quebec, Canada in the year 2019
North America tissue towel market is segmented on the basis of countries into U.S., Canada and Mexico.
All country based analysis of the tissue towel market is further analyzed based on maximum granularity into further segmentation. On the basis of product Type, the market is segmented into rolled towels, folded towels, napkins and luxury towels and boxed towels. On the basis of end-user, the market is segmented into home care, commercial, personal care, healthcare, hospitality, education & research institutes, public washrooms and others. On the basis of distribution channel, the market is segmented into direct sales, e-commerce, retail stores and others.
Major factor driving the growth of this market is the increasing consumption of tissue papers especially in the developed countries of North America.
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Key Pointers Covered in the Tissue Towel Market Industry Trends and Forecast to 2027
Key Market Competitors Covered in the report
Above are the key players covered in the report to know about more and exhaustive list of tissue towel companies contact us https://www.databridgemarketresearch.com/toc/?dbmr=north-america-tissue-towel-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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